Building For Profit Vs Building For People: A Textbook Case Of Bad Economics, Worse Logic, And Deliberate Deception-By Prof Chukwuemeka Ifegwu Eke
This is a textbook case of bad economics, worse logic, and deliberate deception. First, let’s kill the comparison. Governance is NOT estate development.Obi Cubana is building a private, profit-driven real estate project—no pensions, no salaries, no public debt, no civil service, no social obligations.Governor Alex Otti is running a state—paying salaries, clearing arrears, rebuilding roads, restoring order, funding schools, healthcare, and security.If you don’t understand that difference, you have no business analysing governance. Second—your numbers are misleading. You lumped together rehabilitation, maintenance, infrastructure, and multi-year capital allocations, then pretended they should produce “one big building.”That is not how public finance…
